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Thursday, July 2, 2020
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WeekAheadNSE: Nigerian equities market seen greenish as investors target low share prices

Local Shares Moderate by 1.78% amid Sustained Profit Taking… In the just concluded week, the Nigerian equities market sustained its downward trajectory amid sustained profit taking activities even as speculative demand for shares of DANGFLOUR on the back of acquisition moves by Olam Nigeria Limited...

Nigeria Stock Exchange Index Falls Further Despite 164% Rise in Trading Value

The Nigerian equities market recorded a mixed performance on Yuesday, as the Nigerian Stock Exchange (NSE) All-Share Index(ASI) fell further while value and volume of trading surged by 164.8 per cent. The market had opened for the week on a negative note on Monday as...

Nigeria Stock Exchange index up 0.47%, as 7UP, Neimeth, CAP add weight

The bullish trend in the Nigerian Stock Exchange persisted Wednesday as the All Share Index advanced by 0.47per cent to 32,981.63 points. The day's positive performance was the fifth consecutive trading session thatequities trading ended in green with investors accumulating N234.1 billion from stocks trading. Month-to-Date...

SEC DG Under Fire as Reps Move to Probe Him

The House of Representatives has concluded plans to probe the embattled Director-General of the Securities and Exchange Commission (SEC), Mounir Gwarzo, following reports that he illegally paid himself N104.8 million as severance package for serving as Executive Commissioner of SEC for two years and...

Investors at Nigerian Stock Exchange lose N122bn as 40 equities decline

The downward movement in the equities market continued into the third day today in the week as investors lose another N122 billion spiked by depreciation in the price of 40 companies. Specifically, the market capitalisation of all listed equities nose-dived to N15.624 trillion from...

Equities at Nigeria Stock Exchange Gains 0.80% As Market Caps Adds N91.4 Bln

The equities market of the Nigerian Stock Exchange (NSE) closed Thursday on a positive note, extending the gains to 6th consecutive trading session. The NSE All Share Index (ASI) further advanced by 0.80 percent to close at 33,246.91 points compared to an appreciation of 0.47...

Real Estate Investment In Sub-Saharan Africa – The Role Of The Capital Market

Real Estate Investment Trust (REIT) Conference. Welcome Address by Mr. Oscar N. Onyema, OON, Chief Executive Officer, The Nigerian Stock Exchange Good morning distinguished ladies and gentlemen On behalf of the Council and Management of The Nigerian Stock Exchange (NSE), it gives me great pleasure to...

YTD NSE ASI Bounces Back to Positive Territory as Local Shares Gain 1.98% on NESTLE, GUARANTY and ZENITHBANK Shares…

Today, the local equities market surged by 1.98% as investors’ sentiment grew stronger despite the closeness of the Presidential elections. More so, as the Exchange recorded increased gainers, to 25 stocks from 19 stocks registered yesterday, we saw total volume and value of transactions...

YTD NSE ASI Gain Wanes as Local Shares Fall by 0.71%

as NIBOR Falls amid Sustained Liquidity Ease… The Domestic bourse waned by 0.71% amid sustained profit taking activity at the sound of the closing gong despite the positive financial results released by companies so far. The share prices of OANDO, UNILEVER, DANGSUGAR and ZENITHBANK...

Nigeria’s bourse to appoint board prior to stock market listing

Chijioke Ohuocha ABUJA - The Nigerian Stock Exchange plans to appoint a board and pass resolutions next month to pave the way for its conversion into a publicly listed company, it said on Wednesday. The exchange began changing its ownership structure from a mutual company...
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